Internet & Software law

Running your Bulgarian business remotely

Despite the recent bad image of Bulgaria, the country still got its business benefits. It’s has the lowest corporation tax in EU, along with Cyprus, but also has the advantage of lowest labour costs. If you consider the EU principle of free movement capitals this makes Bulgaria highly valuable place for outsourcing of company services. Create and run my business remotely over Internet and using Bulgarian solicitor Almost anything in Bulgaria can be done remotely, by using certified Power of attorney.

Online gambling license regime in Bulgaria

When we talked about Internet gambling license will soon be available in Bulgaria, we thought the Parliament will pass the bill really quickly because of the big interest, the real gambling companies have in Bulgaria. Now, as some of the comments pointed right, companies holding non-EU gambling license don’t care about getting an EU one, because they can operate on-line virtually anywhere. We can see some “non-gambling” websites which offer free poker games, but they also offer paid membership where you can actually gamble.

MHLegal is opening branch office in Varna

We are pleased to announce that as of June 2010, MHlegal will have an office in Varna, Bulgaria. This will ensure easier access to our legal services for the clients residing in Varna and the area around Varna. The contacts will be announced at the day of the official opening.

Internet Gambling License

The Bulgarian legislation currently does not allow issuing of Internet gambling licenses. However, an amendment to the Gambling Act is submitted to the Bulgaria Parliament. The new clauses of the Gambling Act will allow Bulgarian and foreign companies to obtain Internet gambling license. Some of the new license requirements will be: all servers and electronic equipment has to be located physically in Bulgaria at least one of the servers which receives the traffic data over the Internet, has to possess domain in .

Happy New Year!

Happy new year to all readers of this blog. I will do my best to inform you of the latest trends and legal changes in the Bulgarian legislation. As a lawyer, I will try to give you best advice for your particular case.

Finally the State Gazette is onilne

As from 1 July 2008 the Bulgarian State Gazette is uploaded online. Before that date it could be found only on a hard copy and with subscription. Finally we can read Bulgarian laws without paying for it and more environment friendly. In the official website you can find the full content of the State Gazette starting from issue 30 (19 March 2008) till now.

Online company registration in Bulgaria

The Commercial Register offers a service called “online submission of applications and documents”. The feature of their website is available from the very beginning, but was not working properly for a couple of months. Fortunately, now we can use it to submit all kind of company documentation including: documents for (re-) registration of a company documents for changes in a company annual financial statements winding-up and liquidation etc. In order to use the online feature, you need a digital signature (DS) issued to you by an official certified DS provider in Bulgaria.

Freelancing in Bulgaria

If you are a freelancer (writer, programmer etc.) Bulgaria is an attractive place to do your job. Pursuant to the Employment Encouragement Act, being a “freelancer” means that you both: don’t work for an employer and you are working in your capacity of a person (not through your company). Then what type of agreement you are obliged to have signed? Easy, the type of agreement which is required you to have signed is the assignment agreement.

Web outsourcing to Bulgaria

Although Bulgaria is already an EU member state, you can still find here fairly low-wage and yet well educated employees. Many western companies outsource their software routines to Bulgaria: development of stand alone application, web applications (php, .NET , java, ajax etc.), ERP. Usually the software companies choose to establish a separate business in Bulgaria. This means that the subsidiary company will be independent in its relations to any business partner, but yet subordinate via its capital owner - the mother company.

Free access to Bulgarian legislation

The Bulgarian Parliament is now hearing a draft law which stipulates that the Bulgarian State Gazette shall be published on the Internet. For the time being, the State Gazette is published only on a hard copy which costs 0,80 Lev (approx. 0,40 EUR) per copy. The above fact is in collision with a principle stipulated in the Bulgarian Constitution: each Bulgarian citizen has the right to access state information in case not explicitly marked as classified.